REAL ESTATE NEWS - Commercial Real Estate

Stay informed about the commercial real estate market, with a focus on office spaces, retail locations, industrial properties, and large-scale developments.

Actor Jack Klugman Avoids Foreclosure with Madison Realty Intervention
New Jersey developer Jack Klugmann navigates foreclosure threats from Madison Realty Capital.
Actor Jack Klugman saved from foreclosure by Madison Realty intervention efforts.
New York City Hotels Face Turbulent Period
New York City's hotel industry struggles with a significant decline in available rooms, including 3,000 lost in Manhattan since 2019.
New York City hotels experience turbulent period amidst economic uncertainty downtown.
Corporate Bond Credit Losses Rise Amid Higher Interest Rate Environment
Commercial real estate CLO issuance surged in 2024, accompanied by growing distress due to rising interest rates.
Financial graph shows rising corporate bond credit losses globally amidst interest rate hikes.
Adams County Property Transactions: September 23-27, 2024
Transaction data sourced from Illinois Real Estate Transfer Declarations, with possible discrepancies in dates and further info available through PTAX.
Real estate transactions in Adams County, Colorado, for September 23-27, 2024.
Bend-based commercial real estate firm earns consecutive Top Workplace honor
Compass Commercial Real Estate Services named Top Workplace for 2nd Consecutive Year.
Bend-based commercial real estate company receives consecutive Top Workplace award recognition.
Historic River Walk landmarks spark developer interest
Vacant River Walk properties in San Antonio are up for sale, potentially paving the way for redevelopment on a historic site.
River Walk landmarks in San Antonio attract developers with historic charm.
Top Real Estate Lobbyist Departs Amid Antitrust Concerns
National Association of Realtors confirms long-time chief legal officer Katie Johnson to step down after 17 years.
High-profile real estate lobbyist exits amid antitrust investigation in Washington D.C.
Primera Group set to transform Clark Adams into residential space
New Owners of Historic Clark Adams Building Pursue Ambitious Office-to-Residential Conversion with Public Funding Help.
Primera Group transforms Clark Adams building into luxury residential complex in [location].
California Governor Signs Warehouse Bill Amid Industry Backlash
California Governor Newsom Signs Warehouse Regulation Bill Amid Developer Opposition
California Governor signs warehouse bill amidst industry opposition in Sacramento.
Luxury LA Home Sells for $121M in Record-Setting Week
L.A.'s luxury home market slows, but deal velocity remains strong with $120.7M in homes under contract.
Multi-million dollar luxury home sold in Los Angeles for record-breaking $121 million.
Pagewood Attracts Tech Tenants with Industrial-to-Office Revitalization
West Houston's The Quad at Brittmoore reaches 80% occupancy with new tech tenant signings.
Pagewood industrial site transformed into modern office space for tech companies.
Vornado brings Five Iron Golf Simulator to Midtown Manhattan
Five Iron Golf Signs Lease for 15,000 Square Feet at 1290 Sixth Avenue in Manhattan.
Vornado introduces Five Iron Golf Simulator in Midtown Manhattan luxury setting.
San Leandro Marina Project Hit by Affiliate's Bankruptcy Filing
Affiliate of Cal-Coast Companies files bankruptcy after defaulting on $24.9M loan for San Leandro waterfront development.
San Leandro marina project halted due to affiliate's bankruptcy filing in California.
Affinius Capital Secures Major Office Tenant in Westchase Submarket
Vaalco Energy relocates HQ to larger Westchase District office space at 2500 CityWest Boulevard.
Affinius Capital building with major office tenant in Westchase submarket area.
Developer Makes $28M Bid on Coconut Grove Development Site
Developer Andrew Korge seeks $28.2M Coconut Grove property tied to Rishi Kapoor's legal woes.
Developer submits $28 million bid on Coconut Grove development site in Miami.
Long Island Retailers Abandon Leased Properties
King Kullen to close Levittown store on Hempstead Turnpike after 30-year run.
Abandoned storefronts on Long Island, empty retail spaces with 'For Rent' signs.
Fulton Market investors Letchinge, Schreiber secure $90M+ apartment deal
James Letchinger, backed by ex-Blackstone exec John Schreiber, buys The Parker Fulton Market at a discount.
Fulton Market investors close multi-million dollar apartment development deal in Chicago.

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